NatWest unveils virtual account platform for businesses
Bank says the platform will aid insurers in their management of client accounts
NatWest is set to launch a virtual account platform in partnership with Nordic software company Tieto in efforts to provide SME and corporate clients a new customer monies and virtual account management utility.
The bank said the platform is supposed to aid regulated professions such as insurance firms.
It noted that it will help insurance professionals to separate their clients’ monies to comply with industry best practices and regulatory requirements.
Customers will also be able to manage
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